11.15.2008

Portfolio Update 11/17/08: Nasty

This market collapse is just plan nasty.



34 seconds in when Janet (accompanied by Paula Abdul) screams "STOP!" I wish the markets would join her date and chill out for a second. Actually, if they then started dancing, like her date, that would be fine too.


I remember back in early 2008, when the losses were scary. At this point, it is just kinda numbing. It will take a pretty special rally to avoid needing a long time to make it back to even. And with the economy starting to show profound weakness, finally feeling the impact of week housing and credit markets, a special rally seems a long way off.

Of course the darkest hour is just before dawn.


The ETF portfolio is just barely below the WylieMoney 20 Mostly Managed portfolio. If the ETFs did not have fee required for their purchase (If I used Zecco instead of Etrade?) the ETF Portfolio would be ahead. Of course I also reinvest dividends for this experiment which in reality would have a cost for the ETF portfolio that the No Load No Fee Mutul fund portfolios avoid...

Bottom Line is these two portfolios are basically even and the ETF portfolio's lower tax burden is worth exploring.


WylieMoney 20 Mostly Managed


ETF 20


Lazy 20 Mostly Index


WylieMoney Slowly


Three Fund Index

S&P 500


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